Business & Tech

24 Hour Fitness Closes Tri-Valley Gym, Files For Bankruptcy

The San Ramon-based fitness club chain plans to close 130 gyms, including 13 in the Bay Area.

SAN RAMON, CA — The national gym chain 24 Hour Fitness has filed for bankruptcy and is closing more than 130 locations, including one in Tri-Valley.

San Ramon-based 24 Hour Fitness is permanently shuttering its Alamo Express location at 140A Alamo Plaza along with 12 others in the Bay Area and 29 elsewhere in California. See the full list of closing gyms here.

“If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11,” CEO Tony Ueber said in a statement. “We expect to have substantial financing with a path to restructuring our balance sheet and operations to ensure a resilient future.”

Find out what's happening in San Ramonfor free with the latest updates from Patch.

Despite the forced closures, 24 Hour Fitness said Monday in its Chapter 11 filings that it has secured $250 million in funding to support the reopening of its other locations by the end of June. Those locations had been closed for months because of coronavirus-related shutdowns.

24 Hour Fitness said it still operates more than 300 locations across 13 states.

Find out what's happening in San Ramonfor free with the latest updates from Patch.

Three Tri-Valley locations are expected to remain open.

  • San Ramon (4450 Norris Canyon Road)
  • Pleasanton (4770 Willow Road)
  • Livermore (2650 Kitty Hawk Road)

24 Hour Fitness now joins Gold’s Gym as a medium-sized fitness chain that has filed for bankruptcy due to coronavirus-related losses.

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